Albert Dayan Of Aretz Development Acquires Mixed-Use Property In Fort Greene For $3M

The property located at 709 Fulton Street, Fort Greene, Brooklyn, is a mixed-use asset comprising 2 residential units and 1 commercial unit. The sale price was $3,000,000, reflecting a price per unit of $1,000,000. The total square footage of the property is 4,350, resulting in a price per square foot of $689.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,000,000
• Buyer: Albert Dayan - Aretz Development
• Seller: Peter West
• Units: 3
• Square Footage: 4,350
• Price per Unit: $1,000,000
• Price per Square Foot: $689
• Brokers: Derek Bestreich, Luke Sproviero, Adam Lobel & Toby Waring - Investment Property Realty Group

The transaction involved key individuals such as Albert Dayan representing Aretz Development, who acquired the asset from seller Peter West. The brokerage services were provided by Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring from Investment Property Realty Group, facilitating the transaction.